Cost of Living Comparison Between Iceland and China Cost of Living Comparison Between Iceland and China

Name: China
Address: CN

😐 Solo nomad: Iceland is 236.2% more expensive than China without rent, and 369.9% more expensive with rent.

😐 Family of 3: Iceland is 251.8% more expensive than China without rent, and 296.3% more expensive with rent.

Meal at Budget Restaurant

$26.93 ISK 3,288

$2.86 ¥19.51

841.61%

Three-Course Dinner for Two, Mid-Range

$127 ISK 15.5K

$23.89 ¥163

430.22%

Fast Food Meal (McDonalds, etc)

$20.36 ISK 2,486

$4.77 ¥32.61

326.83%

Cappuccino

$5.84 ISK 713

$3.08 ¥21.02

89.61%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.29 ISK 402

$0.44 ¥2.99

647.73%

Water (0.33 liter bottle)

$2.68 ISK 327

$0.27 ¥1.84

892.59%

Local Beer (0.5 liter draught)

$12.22 ISK 1,492

$0.93 ¥6.36

1213.98%

Imported Beer (0.33 liter bottle)

$10.49 ISK 1,280

$2.04 ¥13.96

414.22%

Milk (1 liter)

$1.94 ISK 237

$1.78 ¥12.16

8.99%

White Bread (500g)

$4.17 ISK 509

$1.60 ¥10.94

160.62%

Rice (white) (1kg)

$3.57 ISK 436

$0.98 ¥6.70

264.29%

Eggs

$6.38 ISK 778

$1.55 ¥10.60

311.61%

Local Cheese (1kg)

$18.51 ISK 2,260

$13.22 ¥90.3

40.02%

Chicken Fillets (1kg)

$24.46 ISK 2,986

$3.39 ¥23.13

621.53%

Beef Round Steak (1kg)

$42.80 ISK 5,225

$10.52 ¥71.9

306.84%

Apples (1kg)

$3.18 ISK 388

$1.84 ¥12.59

72.83%

Banana (1kg)

$2.43 ISK 296

$1.30 ¥8.89

86.92%

Oranges (1kg)

$2.83 ISK 345

$1.47 ¥10.03

92.52%

Tomato (1kg)

$5.10 ISK 623

$1.15 ¥7.83

343.48%

Potato (1kg)

$3.51 ISK 428

$0.72 ¥4.94

387.50%

Onion (1kg)

$2.28 ISK 278

$0.94 ¥6.40

142.55%

Lettuce (1 head)

$3.17 ISK 387

$0.61 ¥4.16

419.67%

Water (1.5 liter bottle)

$2.25 ISK 275

$0.53 ¥3.61

324.53%

Cigarettes 20 Pack (Marlboro, Camel)

$14.21 ISK 1,734

$3.54 ¥24.15

301.41%

Wine (Bottle)

$22.03 ISK 2,690

$11.89 ¥81.2

85.28%

Local Beer (0.5 liter bottle)

$3.59 ISK 438

$0.79 ¥5.39

354.43%

Imported Beer (0.33 liter bottle)

$3.15 ISK 384

$1.69 ¥11.51

86.39%

One-way Ticket (Public Transport)

$5.30 ISK 647

$0.44 ¥2.98

1104.55%

Public Transport Monthly Pass (Regular Price)

$83.8 ISK 10.2K

$20.98 ¥143

299.24%

Taxi Start (Normal Tariff)

$6.16 ISK 752

$1.38 ¥9.39

346.38%

Taxi (Normal Tariff) (1km)

$2.27 ISK 278

$0.35 ¥2.40

548.57%

Taxi 1hour Waiting (Normal Tariff)

$86.0 ISK 10.5K

$6.75 ¥46.13

1173.93%

Gasoline (1 liter)

$2.48 ISK 303

$1.16 ¥7.93

113.79%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$47.5K ISK 5.8M

$19.7K ¥134.8K

140.81%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$52.8K ISK 6.4M

$16.9K ¥115.8K

211.67%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$91.0 ISK 11.1K

$50.3 ¥344

80.82%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$27.81 ISK 3,395

$10.04 ¥68.5

176.99%

Internet (50+ Mbps, Unlimited Data)

$88.4 ISK 10.8K

$11.39 ¥77.8

675.94%

Gym Membership (Monthly)

$82.4 ISK 10.1K

$40.16 ¥274

105.08%

Tennis Court (1 Hour on Weekend)

$38.19 ISK 4,662

$14.68 ¥100

160.15%

Cinema Ticket

$17.73 ISK 2,165

$6.21 ¥42.39

185.51%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$346 ISK 42.2K

$402 ¥2,746

-14.00%

International Primary School, 1 Child (Yearly)

$29.6K ISK 3.6M

$17.4K ¥119.1K

69.86%

Jeans (Levis 501 Or Similar)

$137 ISK 16.7K

$46.39 ¥317

195.00%

Summer Dress (H&M, Zara, etc)

$64.0 ISK 7,808

$32.60 ¥223

96.23%

Sport Shoes (Adidas, Nike)

$173 ISK 21.1K

$71.3 ¥487

142.11%

Men's Leather Business Shoes

$249 ISK 30.4K

$74.8 ¥511

232.68%

1-bedroom Apartment, City Center (Monthly)

$2,170 ISK 264.9K

$429 ¥2,931

405.70%

1-bedroom Apartment, Outside City Center (Monthly)

$1,995 ISK 243.5K

$261 ¥1,783

664.46%

3-bedroom Apartment, City Center (Monthly)

$3,122 ISK 381.1K

$915 ¥6,253

241.01%

3-bedroom Apartment, Outside City Center (Monthly)

$2,691 ISK 328.5K

$545 ¥3,725

393.55%

Buy Apartment in City Center (m2)

$7,697 ISK 939.6K

$5,127 ¥35.0K

50.12%

Buy Apartment Outside City Center (m2)

$6,250 ISK 762.9K

$2,614 ¥17.9K

139.06%

Average Monthly Net Salary (After Tax)

$4,656 ISK 568.3K

$1,061 ¥7,244

338.97%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.88

4.06

143.35%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Iceland: April 12, 2026

Last update for China: April 12, 2026

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Iceland vs other spots: cost of living compared

Cost of Living Comparison Between Iceland and China Cost of Living Comparison Between Iceland and China

City Median Internet Speeds Comparison (Updated April 2026)

Iceland

China

Iceland

China

Iceland vs other spots: cost of living compared

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